The internet "spell Dad" era is a better entrepreneurial era

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After the traditional cycle industry "Jap", 13th in Beijing opened the 2013 China Internet Conference, but presented us with another China's economic barometer. In this barometer, we see the vibrant Internet industry, but also see the direction of China's economic restructuring.

It will be a matter of time before internet giants swing their sleeves when things are networked, cloud computing, and big data increasingly "platform" for the internet industry. This year, the industry's major events occur frequently: Alibaba shares Sina Weibo, Baidu acquisition of PPS, 91 wireless, micro-letter 5.0 Shock debut ... This series of actions in the transfer of resources to the Giants at the same time, but also let the depressed traditional industries "ashamed."

This issue of Business review selected some of the speakers, aimed at the impact of the sparks of thought, to show the readers of China's economic growth "shift" and "upgrade" another picture.

This year, the Internet's bulk mergers and acquisitions surging, the bulk of investment more and more, into a real new era, that is, "spell Daddy era."

In fact, "spell dad" is just an image of the argument, it is not ethical, and only business-related vocabulary. We divide "father" into three types, namely "Father", "stepdad" and "Godfather".

What is a father? is a wholly-owned mergers and acquisitions, so that you become part of the company, it since the acquisition of you, no longer in this category to carry out their own business, such as 91 mobile phone assistants were Baidu's wholly-owned mergers and acquisitions, such as the Android team by Google comprehensive mergers and acquisitions

The second is "stepdad", I think is a large-scale investment, in the holding, he will be better for your support, this is an independent development and the use of resources to better a road, such as the search dog under the swim.

The third is "Godfather", he can give you any help, we do not know, but at this time the independence of the company is enough, if you need strategic alliances, you only need some resources to inject, the vast majority of VC is the case.

So where do entrepreneurs come out in such an era? From this year Baidu sky-high purchase 91 to Alibaba Sina Weibo, we can see the figure of several big giants, many people will say, this is not a kill the entrepreneurial era? In fact, I think this is a better time for entrepreneurs. Because in the past, you have either been copied by large companies, or can only wait for a very slim IPO opportunities, for most entrepreneurs, will never see this day.

Today, the emergence of the giants of the acquisition of entrepreneurs, investment in entrepreneurs, in fact, more means that the entire Internet is accelerating development, the rise of entrepreneurs will no longer because of the plagiarism of the leader is suppressed, which is the Giants after so many years really know a truth. So, for entrepreneurs, in addition to plagiarism and IPO, a new route, that is, there can be mergers and acquisitions and investment opportunities. From this we believe that "the age of the spell" is a better entrepreneurial era, because in this era, you have more opportunities to realize the dream, or can use all the resources to help you complete the dream.

What are the benefits of "spell Daddy"? First you can get additional opportunities, such as 91 in the Hong Kong stock market has entered the formal promotion stage, Baidu has a listing is not likely to give the price, for entrepreneurs, if there is a high return, why not? Second, you use a large platform, It is entirely possible to achieve an opportunity of 1+1 greater than 2, or even greater than 10. For example, the Android operating system, initially a small team of dozens of people were mergers and acquisitions by Google, YouTube video site is Google's $ A billion of trillion acquisition, if these sites or operating systems themselves, I believe it is difficult to change the world as today, because the competition is more and more fierce, Entrepreneurs have their own ceilings, but with Google's huge platform, they can quickly push new ideas around the world and quickly change industries.

So, I think if there is a merger of innovative enterprises, this does not represent the interruption of entrepreneurial dream. I think entrepreneurship is a mentality, is to make their own business and the development of the industry combined. What kind of resources to use, how to use the platform, you can choose according to their actual situation. If you are an entrepreneur and need a huge platform to help complete this ideal when resources are facing bottlenecks, "spell dad" is a good choice.

(arranged according to the meeting, abridged)